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Nearly 50% of Families Don’t Have Emergency Funds
Story ID:8412  
Date Posted:  June 14, 2017

Please join us for an informational webinar and discussion focusing on easy, flexible and extremely low-cost solutions for small dollar lending. Did you know that nearly 50% of families do not have $500 in case of an emergency? Far too many working families are living paycheck to paycheck and turning to high cost, dangerous financial products that facilitate a cycle of debt. Knowing that the workplace is the hub of financial activities like benefits, taxes, and payroll, the two companies featured in this webinar have combined technology and innovative ways to smooth income and advance dollars in a safe, transparent way.
  • Improves employee financial health
  • Synchs easily with human resources
  • Allows employee to maintain privacy
  • Removes burden from employer
  • Partners seamlessly with financial education programs
Register today
Wednesday, June 21
1 p.m. - 2 p.m. CDT

 
TrueConnect exists to provide safe, affordable financial support and hope to employees in need of a helping hand that is an alternative to predatory lending products. We strive for the economic health of those we serve and offer relief to your employees when unexpected emergencies arise. TrueConnect is a technology driven solution enabling employees access to capital quickly and safely to help families through their tough financial times with the convenience of paycheck deductions. It is free to employers to offer and simple to manage.
 
FlexWage is a leading provider of financially responsible short term liquidity for low to middle income employees. WageBank was developed and patented in 2010, and remains the only non-loan cash flow acceleration solution. WageBank is delivered as an employer sponsored financial wellness benefit and interfaces with employer HR and payroll systems to provide employees with managed access to accrued wages within the pay cycle, helping American households avoid the debt trap associated with using high-cost lending alternatives. Funds accessed are deducted from the associated payroll, no interest, no loan, and no stress.